Steel Mills
February 13, 2023
Written by David Schollaert
Raw steel production by US mills continued its rally, increasing for a fifth straight week, according to data released by the American Iron and Steel Institute (AISI) on Tuesday, Feb. 13.
The increase pushed capacity utilization up to 74.4%, driven by increases in tons in the South and Northeast regions. This is up from the prior week’s 74.1%, but down from 80.8% a year ago.
ArcelorMittal plans to build a new electrical steel manufacturing facility near its AM/NS Calvert joint-venture mill in Alabama. The steelmaker plans to produce 150,000 metric tons (165,350 short tons) of non-grain-oriented electrical steel (NOES) annually there through its wholly owned subsidiary, ArcelorMittal Calvert LLC. ArcelorMittal revealed its plans for the new mill on Monday, following the Department […]
Domestic raw steel production saw another upward bump last week, according to data released by the American Iron and Steel Institute (AISI) on Monday, Aug. 21.
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